Profit = -5 x2^1 + 38X1 - 5X2^2 +44 X2 +520
where x1 and x2 represent number of units o...
Profit = -5 x2^1 + 38X1 - 5X2^2 +44 X2 +520
where x1 and x2 represent number of units of production of basic and advanced iPods, respectively.
Production time required for the basic iPod is 6 hours per unit, and production time required for the advanced iPod is 8 hours per unit. Currently, 50 hours are available. The cost of hours is already factored into the profit function. Formulate an optimization problem that can be used to find the optimal production quantity of basic and advanced iPods. Implement
Answers: 3
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